Women twice as likely as men to be in the dark over retirement income

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Women are twice as likely as men to be unsure what their main source of income will be in retirement, according to research from Prudential.

The survey of 1,996 over-40s showed 18% of women were in the dark on the source of their retirement income, compared to 9% of men. This follows The Pension Advisory Service's (TPAS) launch of a survey into the specific areas of retirement saving that affect women the most (PP Online, 4 September). Prudential's study also found just 46% of couples over the age of 40 have made arrangements to ensure their partner continues to receive a retirement income in the event that one of them dies. Some 28% of couples have failed to even discuss the effect of death on pension arrangements. ...

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